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News Breaks | | | | January 21, 2013 | | 11:06 EDT |  | BVN | First Mexican and BVN in non-binding agreement for Guadalupe property in Mexico
First Mexican Gold is pleased to announce that it has signed a non-binding letter agreement with Compa a de Minas Buenaventura, "BVN", pursuant to the terms of which BVN has been granted the right, for a period of 60 days from the signing, to complete due diligence and the right, at BVN's discretion, to negotiate terms and sign a definitive agreement with FMG to earn a 70% interest in the Company's 100% owned Guadalupe project. The objective of this proposed transaction is to further develop the Guadalupe property in Mexico, to provide capital for the company and significantly expand the exploration program. | |
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News For BVN From The Last 14 Days Check below for free stories on BVN the last two weeks. |
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